Food inflation accelerates to 10.9%

By Paneetha Ameresekere | Published: 2:00 AM Aug 1 2020

By Paneetha Ameresekere 

Food inflation in the Colombo District, as measured by the Colombo Consumer Price Index (CCPI) accelerated to 10.9 per cent last month (July) on a year-on-year (YoY) basis compared to 10 per cent in June, Census and Statistics Department (CSD) data released on Friday (31) showed.

This is the second consecutive month that food inflation has been at the double-digit levels. For last month, on a YoY basis, contribution to inflation by food commodities was 3.15 per cent. 

Month-on-month (MoM) to last month, increases in value change were reported for turmeric powder (0.11 per cent), fresh fruits (0.07 per cent), potatoes (0.07 per cent), eggs (0.04 per cent), rice flour (0.02 per cent), papadam (0.02 per cent), biscuits (0.0 per cent), green chillies (0.02 per cent), canned fish (0.01 per cent), margarine (0.01 per cent), noodles (0.01 per cent), green gram (0.01 per cent), chicken (0.01 per cent), coconut (0.01 per cent), Jak madulu (0.01 per cent), Jaggery (0.01 per cent) and ginger (0.01 per cent).

Decreases in value change were reported for vegetables (0.07 per cent), red onions (0.07 per cent), fresh fish (0.06 per cent), chlilie powder (0.04 per cent), limes (0.04 per cent), dried fish (0.03 per cent), garlic (0.03 per cent), coconut oil (0.02 per cent), gram (0.01 per cent), beef (0.01 per cent), dhal mysore (0.01 per cent), big onions (0.01 per cent), pepper (0.01 per cent), curry powder (0.01 per cent) and tea dust/leaves (0.01 per cent).

By Paneetha Ameresekere | Published: 2:00 AM Aug 1 2020

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